Hong Kong – 5 January 2026 – Peak Reinsurance Company Limited (“Peak Re” or the “Company”) today announced the successful completion of the investments by funds managed by KKR and Quadrantis Capital (collectively, “New Investors”) into Peak Re via Peak Reinsurance Holdings Limited.

Following fulfilment of all closing conditions including regulatory approvals, KKR and Quadrantis Capital now hold approximately 11.27% and approximately 1.80% of Peak Re’s issued share capital, respectively. The majority shareholder, Fosun International Limited, via its holding entity, continues to hold the remaining approximately 86.71%. This follows the divestment by Prudential Financial, Inc. of its indirect minority stake of approximately 13.07%.

This strategic partnership with New Investors enhances Peak Re’s platform and reinforces its commitment to serving global clients, underpinned by strong ring-fencing arrangements and robust corporate governance standards, while maintaining strong financial stability, operations, leadership, and ratings.

For details on the New Investors that entered into definitive agreements to acquire minority stakes in Peak Re, please refer to our previous press release: Peak Re welcomes KKR and Quadrantis Capital as minority investors.

“Completing this investment marks an exciting milestone for Peak Re as we continue to support the resilience of economies and communities across Asia and beyond,” said Franz-Josef Hahn, Chief Executive Officer of Peak Re. “KKR and Quadrantis Capital strengthen our shareholder foundation and will support our ongoing profitable growth, helping us deliver even greater value to our clients. We extend our gratitude to Prudential for their longstanding partnership.”

“Quadrantis Capital is pleased to conclude this investment, and to join Fosun International and KKR as a shareholder of Peak Re. We are confident that this partnership will support Peak Re’s continued growth and profitability, and deliver long-term value to our investors,” said João Rafael Koehler, Managing Partner at Quadrantis Capital.

About Peak Re Peak Reinsurance Company Limited (“Peak Re” or the “Company”) is an emerging market reinsurance specialist with a global portfolio. Established to support the growth and stability of societies and communities in Asia and beyond. Established in 2012, Peak Re has grown rapidly to rank 27th among global reinsurance groups in terms of net reinsurance premiums written^[1], with a strong commitment to innovation and delivering value to our partners. With a financial strength rating of A- (Excellent) by A.M. Best and a strong capital base, Peak Re is a trusted partner for clients across Asia Pacific, Europe, the Middle East and the Americas.

About KKR KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries. For additional information about KKR & Co. Inc. (NYSE: KKR), please visit KKR’s website at www.kkr.com. For additional information about Global Atlantic Financial Group, please visit Global Atlantic Financial Group’s website at www.globalatlantic.com.

About Quadrantis Capital Quadrantis Capital is a Portuguese investment management firm specializing in private equity and venture capital. The firm manages multiple investment funds with a focus on diversified, risk-aware strategies and long-term value creation. For more information, visit https://quadrantiscapital.com/.

Media and Investor Contacts

For Peak Re:

Media: Zoe Wang — [email protected]

Investors: Jackie Wong – [email protected]

For KKR: Wei Jun Ong – [email protected]